Windsor News & Research Blog - Forex & CFD Market Analysis

The pair fell sharply and hit the lowest levels since 1 May on Friday, after US inflation fell below expectation and upbeat Canada’s labor data boosted loonie. US CPI rose 0.3% in Apr, missing 0.4% forecast after inflation rose by 0.4% in…
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Bears are taking a breather on Friday following steep fall in past three days that cracked key support at 109.71 (25 Mar low) but s far failing to register close below. Overextended daily techs and markets awaiting news from US/China…
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Cable holds within narrow range in European trading on Friday and attempts to stabilize above psychological 1.30 support. Thursday’s long-legged Doji suggests that strong three-day fall might be running out of steam and profit-taking may…
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The USDTRY extends steep bullish acceleration for the fourth straight day and hits new multi-month high at 6.2445 (the highest since 24 Sep 2018) on Thursday. Lira remains under strong pressure on internal political / economic issues,…
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The pair fell on Thursday on fresh fears over North Korea and cracked key supports at 109.71/60 (25 Mar low / weekly cloud base), as risk aversion on US/China dispute further boosts safe-haven yen. Violation of these supports unmasks key…
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Cable accelerated lower in European trading on Thursday and cracked key support at 1.2985 (Fibo 61.8% of 1.2865/1.3179 rally / lows of yesterday/last Fri), as the sentiment sours further on rising pessimism over Tory/Labor Brexit talks.…
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The Aussie fell to 0.6967 in Asia as comments from President Trump, who said that China broke the deal in trade talks with the US and may face high tariffs if no agreement is reached, further soured risk sentiment. Strong upside rejection…
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Copper price falls further on Wednesday and probes through key 200SMA support ($2.7741), which held the action of past four days. The metal trades within larger downtrend from $2.9933 (17 Apr high) which so far retraced 50% of…
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Spot gold remains steady and holding just under new three-week high at $1291, supported by renewed risk-off sentiment over concerns about potential escalation of US/China trade conflict. Today’s comment from officials that the US will…
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WTI oil eases after recovery attempts in Asian / European session stalled at $62 zone, keeping the action in red for the second straight day, despite threats of escalation of the situation about Iran’s nuclear deal, as concerns over…
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